Wondering how your home loan interest affects your tax liability? Compare self-occupied vs rented property under the old and ...

With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

Oklahoma Sen. James Lankford introduces a bill to prevent marijuana businesses from deducting business expenses from their ...

There is a view that if the house is jointly funded, capital gains from sale of such a house, should be included in the ...

The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return ...

President Trump's Tax Cuts and Job Act launched unprecedented prosperity and entrepreneurism for a majority of Americans, and ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Tax refunds can feel like the reward for the hassle of filing your taxes, but many Americans forget that this is not extra ...